Home sales in Louisville, CO since 2005

I have buyers looking for a home in Louisville, Co. up to $400,000 and are interested in knowing how homes sales in Louisville, CO have held up since 2005. I started my search by looking at the Saratoga subdivision in Louisville. It is a neighborhood of about 250 homes, built in the mid 1980's that is well situated, close to trails and paths that take you into old town Louisville, with a reasonable walk of about 1 mile. And of course, this neighborhood boasts wonderful schools.  I chose 2005 as a start date because the market already started correcting in 2006, and the economy was already showing signs of weakness leading up to the 2008 meltdown. In 2005 we had perhaps the last ‘normal’ market of the past 7-8 years. Remember, this is a snap shot of home sales in Louisville, CO since 2005 and looks at the #sold and the median price in one particular neighborhood: the subdivision of Saratoga. To search for  homes, pleases visit my website.

Year       # sold in Saratoga Subdivision                   Median Price (rounded up)

2005                       14                                                           $342,000

2006                       9                                                              $347,000

2007                       4                                                              $352,000

2008                       7                                                              $375,000

2009                       7                                                              $369,000

2010                       5                                                              $385,000

2011                       4                                                              $396,000

*2012                    7                                                              $424,500

(2012, thru the end of the 3^rd quarter)

The Denver market according to the Denver, mls.

Fast-rising metro Denver home prices are back to their record highs of 2006, fueled by buyers competing for a limited number of properties. So far this year, single-family homes have sold for a median price of $250,000, matching the level they hit in 2006 before the market began to decline. The statistics from Metrolist Inc. point toward a good market for sellers and a challenging environment for buyers competing for a limited number of properties. Analysts caution that not all neighborhoods and price ranges are seeing the same level of price appreciation. But overall, the market is marching forward with robust activity .Real-estate analyst Gary Bauer said he sees "no end in sight" for strong buyer demand.  Reported by Steve Raab in the Denver Post.

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Colorado 1 of 5 States with Lowest Closing Costs

Colorado is one of 5 states with the lowest closing costs per Bankrate.com's Holden Lewis. The 5 states with the lowest closing costs are: Missouri, Kansas, Colorado, Iowa and Arkansas which have some of the lowest, least expensive mortgage closing costs, including loan origination and title insurance fees. 

Happy Thanksgiving

I'm grateful and honored to be able to help folks with one of the most important choices any of us make:  finding a place to call home. Happy Thanksgiving.

Single Family home Sales in Boulder County, CO

Single family home sales in Boulder County, CO are seeing an increase in all areas. In a year over year comparaison of the number of Single Family Homes sold in Boulder County from the end of Oct. 2011 through the end of Oct. 2012, we see the following increases, every one in double digit positive territory. If you have specific questions about any of these areas, please leave a comment or send me an email and I'll be glad to respond.

Area                 %Change       

Boulder             27.8%

Broomfield        22.6%

Erie                  27%

Lafayette          22%

Longmont         15%

Louisville          13%

Superior           37.3%

Mountains         16%

Plains               43.5%

Single Family Home Sales in Boulder, CO

The latest figures for single family home sales in Boulder, CO continue to show an improving housing market. Comparing single family homes sold from the end of  October 2011 through the end of October 2012 shows and increase of 27.8%. The number of homes sold is also up for every area in Boulder County, with Superior, Colorado just 10 minutes South of the city of Boulder showing one of the largest gains, up 37% for the same time period, year over year through the end of October 2012. I'll publish the chart for single family home sales in all areas in Boulder County tomorrow so check it out to see how your area's doing.

    

Winter Weatherizing Tip

I’ve had the furnace checked, installed new filters, blown out the sprinklers, rolled up the hoses but this simple suggestion is one I haven’t tried before and it works. Reverse the direction on your ceiling fans. During winter, the warm air generated by your heating system naturally rises to the ceiling while cooler air sinks. By switching the direction that your fan blades turn, that cooler air is drawn upwards, which forces the warmer air near the ceiling back down into the space. This is especially effective if you have high ceilings like mine. How does this save energy? Keeping the warm air low where it’s needed means you can turn the temperature down a few notches and still stay warm. Et voila!

October Sales In Boulder County, Colorado

The latest figures from Ires, Boulder, Co's local mls, shows single family home sales in Boulder area markets in October 2012 increased by 27.5% over October 2011. The inventory of homes for sale continued to drop in October 2012 compared to October 2011; down 20.5%. 

Latest Real Estate Sales City of Boulder, CO

Good news for the City of Boulder's real estate sales. Thru the end of September 2012 compared to last year:
Number of Sales +23%, Days to Offer -30%, Number of listings -24% and median sales price +4%. Woohoo!!